Market closed today (Weekend) · Prices and yields as of last trading day, 06 Nov 2026
Happy Diwali from all of us at RetailBonds
I

Indian Railway Finance Corporation 7.69% Oct 2032 NCD (INE053F08197)

CARE AAA / Stable Unsecured NCD

Indian Railway Finance Corporation Limited

Unsecured, Rated, Taxable, Redeemable NCD

Browse: AAA rated bonds · bonds maturing in 2032

165 more bonds from Indian Railway Finance Corporation Limited →
Current YTM
—
No market YTM available
Coupon Rate
7.69%
Per annum
Maturity Date
11 Oct 2032
5.9 Yrs to Maturity
Interest Payment
Annual
Frequency
Face Value
₹10,00,000
Per Bond

Issuer events

Last 90 days · company disclosures to the exchanges and agency announcements. Not our assessment.

Market Position

YTM (Annual)
—
No trade with a usable price on record
10Y G-Sec Benchmark
7.19%
Reference point, not this bond's tenor
Tenure
5.9 Years
Remaining to maturity

Price vs Yield

Price chart data not available

Secondary market trade data is collected over time as bonds trade on BSE/NSE. Needs at least 3 trade dates.

Showing last 10 trades.

Cashflow Timeline

11 Oct 2027
Interest Payment
₹76,900.00 / Bond
₹69,210.00 net of 10% TDS (est.)
11 Oct 2028
Interest Payment
₹76,900.00 / Bond
₹69,210.00 net of 10% TDS (est.)
11 Oct 2029
Interest Payment
₹76,900.00 / Bond
₹69,210.00 net of 10% TDS (est.)
11 Oct 2030
Interest Payment
₹76,900.00 / Bond
₹69,210.00 net of 10% TDS (est.)
11 Oct 2031
Interest Payment
₹76,900.00 / Bond
₹69,210.00 net of 10% TDS (est.)
11 Oct 2032
Final coupon + principal
₹10,76,900.00 / Bond
₹76,900.00 coupon + ₹10,00,000 face value

6 coupons remaining, the last paid with principal at maturity · per ₹10,00,000 face value · projected dates

Net amounts are estimates: 10% TDS applies to a resident with PAN once interest from one issuer reaches ₹10,000 in a financial year. Below that, or with Form 15G/15H, no TDS is deducted. Not tax advice.

Payment Disclosures (SEBI Reg52(4))

1 disclosed
Due DateTypeAmount DueAmount PaidStatusFiling
2026-10-15 Interest ₹1,92,25,00,000.00 ₹1,92,25,00,000.00 Paid XBRL →
Non-payment reason: NA

Source: NSE Debt Centralised Database (corporate-interest-payment / corporate-redemption-payment), per SEBI LODR Reg 52(4)/60. Coverage begins 2 Aug 2026 — history accumulates as disclosures are broadcast.

Bond Timeline

— Issue / Maturity | Coupon (projected) ◆ Reg52(4) disclosed ┊ Today
Today Interest paid (SEBI Reg52(4) disclosure) — due 15 Oct 2026 Issued 11 Oct 2022 Matures 11 Oct 2032

1 SEBI Reg52(4) disclosed payment — hover a square/diamond for detail.

Key Metrics

Coupon Rate
7.69%
YTM (Annual)
—
Credit Rating
AAA
(CARE) · rated 9 Jul 2026, 3 months ago
Remaining Tenure
5.9 Years

AAA (CARE): Rated 9 Jul 2026 (3 months ago).

AAA (CRISIL): Rated 31 Oct 2022 (4 years ago) — no review in the last 15 months that our sources show; the agency may have reviewed it since.

With more than one agency, the rating shown at the top is the lowest of those dated within the last 15 months (or the newest, when none is). How we pick it →

Advanced metrics
Modified Duration
4.59 Yrs
Macaulay Duration
4.95 Yrs
Issue Size
₹2,500 Cr
Minimum Investment
₹10,00,000
1 bond × ₹10,00,000 face value (BSE market lot)

Market Characteristics

Modified Duration
4.59 Yrs
Price sensitivity per 1% yield move
Payment Frequency
Annual
Last Trade
—
No recorded trades
Trades (30 Days)
0
Exchange-reported sessions
Security Status
Unsecured
No call option

Observations

  • This bond is unsecured.
  • No secondary-market trades recorded in the last 30 days.
  • Coupon is 2.51 percentage points below the median for tracked NCD bonds. (based on 20,403 tracked NCD bonds with a stated coupon)

Structured Overview

Data as of 7 Nov 2026
Instrument Type
NCD
Issue Date
11 Oct 2022
Day Count Convention
ACT/ACT
Listed Exchange
BSE
Call / Put Option
None disclosed

Indian Railway Finance Corporation Limited issued Indian Railway Finance Corporation 7.69% Oct 2032 NCD, an unsecured, rated NCD. It pays a 7.69% p.a. coupon, annually. Principal is repaid at maturity.

Rating Timeline

3 ratings on file

Every rating we hold for this ISIN, from every agency and source, newest first. NSE listing dates are the day we first saw the rating there, not the agency’s date.

DateAgencyRatingOutlookStatusSource
9 Jul 2026 CARE AAA Stable Latest CARE press release →
31 Oct 2022 CRISIL AAA — Latest BSE listing
2022 CARE AAA — NSDL record, 2022 NSDL debt master
Issuer health card · ratings, payment record, defaults, trading, filings Nothing flagged →
Alert me about Indian Railway Finance Corporation Limited An email when a rating agency acts on this issuer (including any cut to default grade D) or a payment is disclosed late or short. Free, no account needed.

Data Coverage

DatasetRecordsDetailFreshness
Credit Ratings 3 CARE, CRISIL 2026-07-09
Rating Actions History 0 — —
Secondary-Market Trades 0 — —
Reg52(4) Payment Disclosures 1 NSE 2026-10-15
  • No secondary-market trade with a usable price on record, so no market yield or spread is shown.

Documents

Entity metadata
Source
BSE
Last Updated
7 Nov 2026

Risk warning: This page is for informational purposes only. Bond investments carry credit risk, interest rate risk, and liquidity risk. Credit ratings reflect agency opinion at a point in time. Nothing here constitutes investment advice or a recommendation. Verify all details against the issuer's offer document and the exchange. RetailBonds.in is not a SEBI-registered intermediary. See our full disclaimer.

Current Price (Clean)
—

No recent trade data available

View on BSE → Calculate YTM for this bond
Bond Snapshot
ISIN
INE053F08197
Issue Date
11 Oct 2022
Maturity Date
11 Oct 2032
Listing
BSE
Payment Frequency
Annual
Put / Call Option
None disclosed
Security
Unsecured
Day Count
ACT/ACT
View Term Sheet
Rating Alerts

Get notified of downgrades, upgrades, and credit watches across all tracked bonds.

Subscribe Free

Weekly digest. No spam. Unsubscribe anytime.

Frequently Asked Questions
What is the coupon rate on Indian Railway Finance Corporation 7.69% Oct 2032 NCD?

Indian Railway Finance Corporation 7.69% Oct 2032 NCD carries a coupon of 7.69%, paid annual, on a face value of ₹10,00,000.

When does Indian Railway Finance Corporation 7.69% Oct 2032 NCD mature?

Indian Railway Finance Corporation 7.69% Oct 2032 NCD matures on 11 Oct 2032, 5.9 years from today.

What is Indian Railway Finance Corporation 7.69% Oct 2032 NCD rated?

Indian Railway Finance Corporation 7.69% Oct 2032 NCD is rated AAA by CARE (rating dated 9 Jul 2026) and AAA by CRISIL (rating dated 31 Oct 2022).

Is Indian Railway Finance Corporation 7.69% Oct 2032 NCD secured?

Indian Railway Finance Corporation 7.69% Oct 2032 NCD is unsecured; holders rank alongside other unsecured creditors in the event of default.

Where does Indian Railway Finance Corporation 7.69% Oct 2032 NCD trade?

Indian Railway Finance Corporation 7.69% Oct 2032 NCD is listed on BSE.

More Bonds from This Issuer

I
Indian Railway Finance Corporation 7.77% Nov 2026 Bond
INE053F09HU6
Coupon
7.77%
Maturity
08 Nov 2026
I
Indian Railway Finance Corporation 7.68% Nov 2026 NCD
INE053F08338
Coupon
7.68%
Maturity
24 Nov 2026
I
Indian Railway Finance Corporation 8.75% Nov 2026 NCD
INE053F09EL2
Coupon
8.75%
Maturity
29 Nov 2026
I
Indian Railway Finance Corporation 5.00% Nov 2026 NCD
INE053F07DE3
AAA
Coupon
5.00%
Maturity
30 Nov 2026
Compare (/) Compare Bonds

Comparable NCDs maturing near 2032

Active bonds from other issuers with maturity within 12 months of this one, listed first when they are in the same face-value band as this bond and traded in the last 30 days, then by closest coupon to 7.69%. For comparison only, not a recommendation.

BondIssuerRatingCouponMaturity
INE103D08039Bharat Sanchar Nigam LimitedAAA NSDL record, 20227.72%2032-12-22
INE134E08MH6Power Finance Corporation LimitedAAA7.66%2033-04-15
INE306N07MQ4Tata Capital LimitedAAA NSDL record, 20227.65%2032-04-29
INE134E08MA1Power Finance Corporation LimitedAAA7.64%2033-02-22
INE040A08AF2HDFC Bank LimitedAAA NSDL record, 20237.75%2033-06-13
INE134E08MM6Power Finance Corporation LimitedAAA7.62%2033-07-15

← Back to screener